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Cable Update (GBPUSD)

  • #565,801
  • Dec 15, 2020 2:06pm Dec 15, 2020 2:06pm
Quoting JayBag
{quote} Major reason wee heading north aggressively
"UK drops push for renationalising of fishing vessels in Brexit talks"
https://www.theguardian.com/politics...n-brexit-talks
Master your mind. Master Trading.
  • #565,802
  • Dec 15, 2020 2:20pm Dec 15, 2020 2:20pm
Quoting JayBag
{quote} Major reason wee heading north aggressively
Jay,
'Don't mean to actually go off your quote here,
more than your thought's or Pip's (Pipfarm) here...

But per my Structure, i see the 1.3670's as our first juncture.
Now YES, that will take time, and NO, i'm NoT calling that for Tomorrow;
Nor should anyone care to follow, or Envision that, -if that's not your cup of tea.
We have some Trader's Shorting Higher Possibilities and Others "Longing".

I'm just going with what the Structure & the Push is saying to me, currently.

My Best to All,
However you may see it,

Jeff
I will work to Objectively Identify my Edges
  • #565,803
  • Dec 15, 2020 2:29pm Dec 15, 2020 2:29pm
This Time could be the last try for push up
1,40 for year end

gap filling? Keep dreaming
Make money by doing the opposite of Giveachance aka loser
  • #565,804
  • Dec 15, 2020 2:34pm Dec 15, 2020 2:34pm
Quoting TerpFan2
{quote} Jay, 'Don't mean to actually go off your quote here, more than your thought's or Pip's (Pipfarm) here... But per my Structure, i see the 1.3670's as our first juncture. Now YES, that will take time, and NO, i'm NoT calling that for Tomorrow; Nor should anyone care to follow, or Envision that, -if that's not your cup of tea. We have some Trader's Shorting Higher Possibilities and Others "Longing". I'm just going with what the Structure & the Push is saying to me, currently. My Best to All, However you may see it, Jeff
No problem at all Jeff..
Actually, I agree with 1.3670 because 1.37146 is my precise target after we retested the BASE at 1.3200..

You could be right about getting the 1.3670 tomorrow who knows (Asia seem to want a piece of the bull pie)

You and I may not be able to put a timing as to when this will happen, but it's an idea we would like to see happen regardless of time...
After 1.37146 or round number at 1.38, we might see some retrace back to 1.3200 to close the year..

I will need serious confirmation of the bear retrace.. Otherwise, I hang with the impulsive bulls.
Let's see
  • #565,805
  • Dec 15, 2020 2:42pm Dec 15, 2020 2:42pm
Yeah, "Amen" Jay,

A "hearty 'Amen'," -to that.
Yeah, I'm not either thinking tomorrow at all, just like you looking
at the Structure of it all...
Funny though @3:30 EST / NY the Sucker's into what i see as 'Beginning C.Stick,
of What COULD be Wave-3, of a Giant Wave-3. -We will see.
I'm Leary of posting any of what i 'think' it is, just wanna keep my head down &
let it work itself out.

GooD Stuff Jay,
Thanks for the Reply Back,

Jeff... P.S. Per my Extension's i really see the '1.37770's and Ultimate 1.4080's, (currently).
-We Shall see
I will work to Objectively Identify my Edges
  • #565,806
  • Dec 15, 2020 2:53pm Dec 15, 2020 2:53pm
Quoting Wilczur
If can i share my opinion. Cable should go down slowly, there now is point to short at 1,34200 next short at 1,34400 and third at 1,34600. Target 1,33800
Why slowly?
  • #565,807
  • Dec 15, 2020 3:05pm Dec 15, 2020 3:05pm
GU, STANDING TALL... 'Into the Close Here !

Asia,
May be getting handed off a 'Hot Potato' tonight,
from NY, to Asia's Morning here... We shall see.

My Best Gang
I will work to Objectively Identify my Edges
  • #565,808
  • Dec 15, 2020 3:05pm Dec 15, 2020 3:05pm
Quoting Wilczur
If can i share my opinion. Cable should go down slowly,
Depends on whether there is progress and / or breakthroughs in the Brexit negotiations. At the moment it looks like Cable will be heading further north, unless there is a lot of negativity in the Brexit chatter.
  • #565,809
  • Dec 15, 2020 3:11pm Dec 15, 2020 3:11pm
It always look strongest before another crash, how long will history repeat itself.
Data + Stat + Risk/Emotions Management
  • #565,810
  • Dec 15, 2020 3:52pm Dec 15, 2020 3:52pm
Quoting Marbas
{quote} interesting, can you share the template and indis?
Here is the system. Please take a look at the info text file where you will see links showing that there are a few problems with the Half Trend TT but they can easily be avoided with experience. Good luck.
Attached File(s)
File Type: zip Fx Bay Strategy.zip   361 KB | 261 downloads
  • #565,811
  • Dec 15, 2020 3:52pm Dec 15, 2020 3:52pm
Quoting Georginson
It always look strongest before another crash, how long will history repeat itself.
There are 2 big green candles covering the whole 2-3 week range, and they might make a statement.
  • #565,812
  • Dec 15, 2020 3:58pm Dec 15, 2020 3:58pm
My only concern Cmk,

Was her "Clearing" this 1.3476 area- Literally 10 Pip's away now.
We shall see...
I will work to Objectively Identify my Edges
  • #565,813
  • Dec 15, 2020 3:59pm Dec 15, 2020 3:59pm
Up up up she goes! How low will cable get?
Attached Image (click to enlarge)
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  • #565,814
  • Dec 15, 2020 4:01pm Dec 15, 2020 4:01pm
Daily close above 1.345 is a KO for bears..
from tomorrow, anything below will be bought (that’s if price goes below it)

From these levels I expect nothing but stubborn Spikes..

Ok, sleepy now, good night traders
SS
  • #565,815
  • Dec 15, 2020 4:54pm Dec 15, 2020 4:54pm
Quoting nessus94
This Time could be the last try for push up 1,40 for year end gap filling? Keep dreaming
BREXIT deal???? Dream for bull

sold 1.3460 and we going down to 1.29 before 31 dec 2020
  • #565,816
  • Dec 15, 2020 4:55pm Dec 15, 2020 4:55pm
Quoting Lastaccount
{quote} BREXIT deal???? Dream for bull sold 1.3460 and we going down to 1.29 before 31 dec 2020
Most probably. Its a good short from today's close at 3470. Fake bull candle.
Everyone can see the chart, but only a few can actually read it.
  • #565,817
  • Dec 15, 2020 4:59pm Dec 15, 2020 4:59pm
Quoting OnlineAddict
{quote} Most probably. Its a good short from today's close at 3470. Fake bull candle.
Shorted 3454..
  • #565,818
  • Dec 15, 2020 6:29pm Dec 15, 2020 6:29pm
Inserted Video
In tea leaves we trust!
  • #565,819
  • Dec 15, 2020 9:04pm Dec 15, 2020 9:04pm
Quoting Lastaccount
{quote} BREXIT deal???? Dream for bull sold 1.3460 and we going down to 1.29 before 31 dec 2020
i hope is gonna be real trend
  • #565,820
  • Dec 15, 2020 9:08pm Dec 15, 2020 9:08pm
Quoting Marcieny
{quote} Be careful man, the indices may rise with the dollar at some point, if they rise and they may fall, so be careful, and the pound has a lot of hammer hammers from months ago ... the dollar still rises a lot at some point. I prefer to wait for the end of the year and see how the next one looks.
you are probably right but from what i have heard there is still some dollar selling left. this pound rally just seems to be catching up with rest of the currencies and brexit just added steam to it. dollar index has made 2 new lows this week. 90.47 and 90.42. so it is possible it makes a new low again. dollar will probably bottom out at 89.70 or 88.40.

for gbp until we break 3377 shorts are not to be touched. if you still want to short gbp check this chart. still has room to go south. swiss are named currency manipulators in the treasury report. so they would be careful with tweaking
Attached Image (click to enlarge)
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